3851 Vineyard Ave - Apartments FOR SALE


Pleasanton, CA 94566
$2,248,000 USD
925-963-0569
3851 Vineyard Ave, Pleasanton, CA for Sale
$2,248,000 USD
Apartments - FOR SALE
1/76
null | Request Cap Rate

3851 Vineyard Ave
Pleasanton, CA 94566


HIGHLIGHTS

  • Diverse four-unit mix serves multiple tenant demographics.
  • Multi-Generational Living
  • Recent interior upgrades include modern finishes and appliances.
  • Walking distance to Downtown Pleasanton's Main Street amenities.
  • Fully fenced site with two separate shared courtyards.
  • Detached premium residence offers additional privacy with no shared walls.

OVERVIEW

PRIME 4-PLEX Multifamily Investment or MULTI-GENERATIONAL LIVING Opportunity Walking Distance to Vibrant Downtown Pleasanton. LIVE in (1) Unit RENT OUT THE OTHERS!!! The 4 UNITS Consist of (2) Buildings on a Private, Fully Fenced & Walled Site. Front Building Includes (3) Units (A,B,D). Rear Building Includes Premium Unit C & (5) Individual Single-Car Garages Below. Plus Additional Dedicated Off-Street Parking (1) Additional Reserved Space Per Unit + (1) Guest Parking Space. A Total of (5) Single-Car Garages & 9 Off-Street Parking Spots. UNIT BREAKDOWN: UNIT A: 3 Bedrooms, 2 Bathrooms, 1,700 SqFt. UNIT B: 2 Bedrooms, 1 Bathroom, 800 SqFt. UNIT C: 3 Bedrooms, 2 Bathrooms, 1,500 SqFt. UNIT D: 1 Bedroom, 1 Bathroom, 350 SqFt. RECENT UPGRADES & QUALITY FINISHES Including: Granite & Quartz Countertops, New Cabinetry, LVP Flooring in Living/Kitchen/Bath Areas, Stainless Steel Appliances, Quartz Tub/Shower Enclosures. ALL UNITS Include Full-Size Washer, Dryers, and Refrigerators. DESIRABLE UNIT MIX - Appearls to Families, Couples, Professionals, & Singles - Diversifying Tenant Risk. RISK MITIGATION THROUGH DIVERSIFICATION: 4 Units with 4 Different Configurations & Price Points Means the Property is Not Overly Reliant on any Single Tenant Segment - If One Unit Turns Over, Others Continue Performing. Turnkey Condition & Recent Upgrades Mean you can Begin Generating Strong Cash Flow from Day One with Limited Deferred Maintenance. TOP-RATED SCHOOLS, WALKABLE DOWNTOWN, AWARD WINNING QUALITY OF LIFE, ABUNDANT PARKS & RECREATION, STRATEGIC EAST BAY LOCATION, & RESILIENT/STRONG REAL ESTATE MARKET

FOR SALE DETAILS

PRICE

$2,248,000 USD

PRICE/SF

$517 USD /SF

# OF UNITS

10

PRICE/UNIT

$224,800

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

-

APN/PARCEL ID

094-0085-020-00

ASK ABOUT THIS PROPERTY

Mike CareyInvestment Real Estate CompanyMore Info
925-963-0569

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Mike CareyInvestment Real Estate CompanyMore Info
925-963-0569

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.